Kansas § 9-1140 Prohibiting branch banks in certain locations

Kansas Statutes

§ 9-1140 — Prohibiting branch banks in certain locations

Kansas § 9-1140

Ch. 9BANKS AND BANKING; TRUST COMPANIES

Art. 11BANKING CODE; POWERS

This text of Kansas § 9-1140 (Prohibiting branch banks in certain locations) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 9-1140 (2026).

Text

(a)No bank shall establish or maintain a branch in this state on the premises or property of an affiliate if the affiliate engages in commercial activities.

(b)As used in this section:

(1)"Affiliate" means any company that controls, is controlled by, or is under common control with another company.

(2)"Bank" shall have the meaning stated in 12 U.S.C. § 1813(a)(1).

(3)"Branch" means any office, other than the place of business specified in the bank's certificate of authority, at which deposits are received, checks paid, money lent or trust authority exercised, if approval has been granted by the appropriate federal or state supervisory agency.

(4)"Commercial activities" means activities in which a bank holding company, a financial holding company, a national bank or a national bank fi

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(a) No bank shall establish or maintain a branch in this state on the premises or property of an affiliate if the affiliate engages in commercial activities.
(b) As used in this section:
(1) "Affiliate" means any company that controls, is controlled by, or is under common control with another company.
(2) "Bank" shall have the meaning stated in 12 U.S.C. § 1813(a)(1).
(3) "Branch" means any office, other than the place of business specified in the bank's certificate of authority, at which deposits are received, checks paid, money lent or trust authority exercised, if approval has been granted by the appropriate federal or state supervisory agency.
(4) "Commercial activities" means activities in which a bank holding company, a financial holding company, a national bank or a national bank financial subsidiary may not engage under federal or state law.
(5) "Control" means the power directly or indirectly to direct the management or policies of a bank or to vote 25% or more of any class of voting shares of a bank.